The American Express credit card is ideal for rewards and shopping enthusiasts with a minimum income requirement of Rs. 6 lakh per annum. It offers 4,000 welcome Membership Rewards Points, 1 point for every Rs. 50 spent, milestone benefits, and renewal fee waivers. Annual fees are Rs. 4,500, with Paisabazaar rating of 3.5/5.
The American Express credit card is tailored for individuals focused on rewards and shopping. With a minimum annual income requirement of Rs. 6 lakh, the card provides attractive welcome benefits, including 4,000 Membership Rewards Points upon paying the joining fee and spending Rs. 15,000 within the first 90 days. Cardholders earn 1 Membership Rewards Point for every Rs. 50 spent across most categories, helping maximize rewards on everyday and high-value purchases.
Additionally, the card offers milestone and renewal benefits. You can receive 1,000 bonus points by spending Rs. 20,000 in a month, while the annual fee of Rs. 4,500 can be waived entirely if spending reaches Rs. 1.5 lakh in the preceding year. The card’s combination of rewards, milestone incentives, and fee waivers makes it suitable for frequent spenders, earning it a solid 3.5/5 rating from Paisabazaar.
The American Express Membership Rewards® Credit Card provides a strong reward earning potential along with a variety of additional perks such as welcome gifts, milestone bonuses, and brand vouchers. Some of the main highlights are listed below:
Reward Points
| 18 Karat Gold Collection/ 18,000 MR Points | 24 Karat Gold Collection/ 24,000 MR Points |
|---|---|
| Taj voucher worth Rs. 9,000 | Taj voucher worth Rs. 14,000 |
| Shoppers Stop voucher worth Rs. 7000 | Shoppers Stop voucher worth Rs. 10,000 |
| Tata CLiQ voucher worth Rs. 7,000 | Tata CLiQ voucher worth Rs. 9,000 |
| Myntra voucher worth Rs. 7,000 | Tanishq voucher worth Rs. 9,000 |
| Amazon voucher worth Rs. 6,000 | Amazon voucher worth Rs. 8,000 |
| Flipkart voucher worth Rs. 6,000 | Flipkart voucher worth Rs. 8,000 |
| Reliance Digital voucher worth Rs. 6,000 | Reliance Digital voucher worth Rs. 8,000 |
Note: Brand offerings for vouchers are subject to periodic updates by American Express. Always verify the latest options on the official website.
Card Renewal Perks
Enjoy bonus points and potential annual fee waivers when renewing your card:
Annual Fee Waiver:
100% waiver if annual spending is Rs. 1.5 Lakh or more
50% waiver if annual spending is between Rs. 90,000 and Rs. 1.49 Lakh
Extra Rewards: Receive 5,000 Membership Rewards Points after paying the annual fee for the first renewal. Points are credited within 90 days.
Additional Benefits
Bonus Points: Earn 1,000 extra points by making 4 transactions of Rs. 1,500 or more in a month.
Welcome Gift: 4,000 Membership Rewards Points on joining and spending Rs. 15,000 within the first 90 days.
Monthly Milestone Bonus: Get 1,000 points when monthly spending crosses Rs. 20,000.
EMI Option: Convert purchases of Rs. 5,000 and above into convenient EMIs at competitive interest rates.
Fuel Fee Advantage:
0% fee on fuel below Rs. 5,000 at HPCL pumps
1% fee on fuel above Rs. 5,000 at HPCL pumps
Note: Fuel convenience benefit requires enrollment.
The following table outlines the key fees and charges associated with the American Express Membership Rewards® Credit Card:
| Type of Fee or Charge | Amount |
|---|---|
| Joining Fee | Rs. 1,000 + Applicable Taxes |
| Annual/ Renewal Fee | Rs. 4,500 + Applicable Taxes (Waived off if total spends on American Express Credit Card in the immediately preceding membership year is Rs.1.5 Lakh) |
| Finance Charges | 3.5% p.m. |
| Cash Advance Fee | 3.5% (Minimum of Rs. 250) |
For a complete breakdown of all fees and charges, please refer to the official American Express website.
To be eligible for this credit card, the applicant should be an Indian resident and hold an active savings or current account with either an Indian or multinational bank. A healthy credit score with no history of payment defaults is essential. In addition, applicants must meet the following criteria to qualify for approval:
| Criteria | Details |
|---|---|
| Minimum Age Requirement | 18 years |
| Occupation | Salaried or Self-employed |
| Minimum Income Requirement | Rs. 6 Lakh p.a. |
The American Express Membership Rewards® Credit Card is ideal for those focused on earning reward points. Points earned can be redeemed for vouchers from popular brands such as Amazon, Flipkart, Shoppers Stop, and more. While the redemption is limited to vouchers, it can be advantageous if you shop online regularly. However, if you are looking for a card with diverse benefits beyond reward points, there are other low-annual-fee credit cards that offer rewards or cashback along with additional perks.
You might consider this card if:
If the American Express Membership Rewards® Credit Card doesn’t fully meet your needs, you can explore the alternative credit cards listed in the table below:
| Credit Card | Annual Fee | Best Feature |
|---|---|---|
| Flipkart Axis Credit Card | Rs. 500 | 5% cashback on Flipkart & Myntra | 4% cashback on Swiggy, Cleartrip, Cure.fit, PVR, Uber |
| Amazon Pay ICICI Credit Card | Nil | 5% cashback on Amazon purchases for Prime members | 3% cashback on Amazon purchases for Non-prime members |
| Standard Chartered Platinum Rewards Credit Card | Rs. 250 | 5 reward points for every Rs. 150 spent on dining and fuel |
| SBI SimplyCLICK Credit Card | Rs. 499 | 10 reward points per Rs. 100 spent on online purchases made on Amazon/ Apollo24X7/ BookMyShow/ Cleartrip/ Eazydiner/ Lenskart/ Netmeds |
| HDFC MoneyBack+ Credit Card | Rs. 500 | 10X CashPoints on Flipkart, Amazon, Swiggy, Reliance Smart SuperStore & BigBasket |5X CashPoints on EMI spend at merchant locations |
If you want to cancel your American Express Membership Rewards® Credit Card, it is recommended to follow the official closure options provided by American Express to ensure a safe and hassle-free process.
Choose Your Preferred Closure Method
Note: Closing the primary credit card will automatically deactivate any add-on or supplementary cards linked to it.
Important Points
If you need assistance regarding your American Express Membership Rewards® Credit Card, you can contact the customer support team of American Express. The company offers support for billing queries, payments, rewards, card blocking, fraud reporting, and other account-related services.
Primary Customer Care Numbers (India)
These numbers can be used for general credit card queries, including transactions, EMI-related assistance, and account services.
American Express Gold Card Support
These contact numbers are specifically available for Gold Card users to receive faster assistance.
International Customer Support
You can also use the number mentioned on the back of your card while travelling abroad for region-specific support.
Corporate Card Support
Services Offered
Other Ways to Contact Support
Important Points
No, applications are accepted only through the official American Express® website. You need to fill out the online application form and upload the required documents. Once submitted, the bank will verify your information and process your request.
Yes, cash withdrawals are allowed. However, a cash advance fee of 3.5% applies, and finance charges will start immediately until the withdrawn amount is fully repaid. To avoid high fees, it’s generally recommended not to use your credit card for cash withdrawals.
Points earned can be redeemed for gift vouchers from top brands. Simply log in to your rewards account online, choose between 18 Karat or 24 Karat redemption options, and select the vouchers you want to redeem your points against.
Immediately contact American Express customer care via their 24-hour helpline if your card is lost. For a damaged card, log in to your American Express account and request a replacement.
Payments can be made online using NEFT, UPI, or other available digital channels. For offline payment, you can send a cheque or demand draft to the American Express head office in Gurugram.
Declines can happen for several reasons, most commonly due to insufficient credit limit. If your available credit is sufficient and the transaction is still declined, contact American Express customer care to identify the issue and resolve it.
